Secondary income balance (credit less debit), Net (credits less) in Andorra
Andorra: Secondary income balance (credit less debit), Net (credits less) was -58.20 million in 2024. ▼ Falling
Secondary income balance (credit less debit), Net (credits less) in Andorra, 2019–2024
Source: International Monetary Fund.
Analysis
Andorra recorded -58.20 million for secondary income balance (credit less debit), net (credits less) in 2024. That is the lowest value across all 6 years on record.
That represents a change of down 23.0% on the previous year and down 39.4% over ten years.
That places Andorra 142nd out of 197 countries with data for 2024, putting it in the middle of the range.
Secondary income balance (credit less debit), Net (credits less) in Andorra, year by year
| Year | Value | Change |
|---|---|---|
| 2019 | -41.75 million | — |
| 2020 | -43.28 million | +3.7% |
| 2021 | -55.48 million | +28.2% |
| 2022 | -47.86 million | -13.7% |
| 2023 | -47.33 million | -1.1% |
| 2024 | -58.20 million | +23.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -41.75 million | -41.75 million | -41.75 million | 1 |
| 2020s | -50.43 million | -58.20 million | -43.28 million | 5 |
Countries ranked near Andorra
- 139 Saint Kitts and Nevis -18.27 million compare
- 140 Seychelles -21.17 million compare
- 141 Curaçao -24.18 million compare
- 143 Barbados -58.40 million
- 144 Aruba -77.68 million compare
- 145 Turks and Caicos Islands -78.01 million
More financial sector data for Andorra
- Reserve tranche position, SDR, per capita 248.81 units per person (2025)
- Reserve tranche position, SDR, per unit of GDP 0.0046 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 340.74 units per person (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0063 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 248.81 units per person (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0046 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 340.74 units per person (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0063 units per US$ of GDP (2025)
- Official exchange rate 0.8871 LCU per US$, period average (2025)
- Net migration 843 (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Andorra?
- Secondary income balance (credit less debit), net (credits less) in Andorra was -58.20 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Andorra?
- The highest recorded value was -41.75 million in 2019.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Andorra?
- The lowest recorded value was -58.20 million in 2024.
- How does Andorra rank for secondary income balance (credit less debit), net (credits less)?
- Andorra ranks 142nd out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Andorra?
- Over the last ten years it is down 39.4%. The long-run trend across the full record is falling.
- Where does this Andorra data come from?
- The figures come from International Monetary Fund, published as part of Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.